Avago Technologies, a private equity-owned analog semiconductor
manufacturer, has said that approximately 400 jobs would be lost
primarily in Asia. The cuts have come about as the company continues to
adopt its manufacturing outsourcing program or asset-lite initiative.

The company expects to record a cash charge between $5 million and $7
million during its fourth fiscal quarter, ending October 31, 2007.
Avago had 6,500 employees at the company in 2006. The company provided
no further details regarding the particular job functions and locations
that would be affected by the cuts.